Topic: Gold & Silver are safe than bank deposits ?? - page 23. (Read 19272 times)
Actually any form of investment is way better than trusting your hard earned money to people whi actually charge you whenever you do a transaction. Who will make you wait for hours just to put on money in their hands. What will bank do to your money? It virtually sleeps and earn so very little. Might as well invest it on high risk stocks.
Absolutely correct, we find that gold is always safer than bank deposits, since bank deposits are the money you hand over to others, and gold is always holding you.
As for me, it is always better to have gold but it must be kept safe. Most of the people use the same bank cells to store it there and pay money for this service.
At one point yes, but gold/silver can be easily stolen from you by thieves and burglars, I can't say the same about money on the bank account. However, bank may encounter problems and it will be still possible that you'll loose your money.
I would say gold and silver are safer now as the next economic crisis can burst out at any moment and precious metals along with cryptocurrencies will be in high demand as people will urgently search for some store of value in order to protect their funds.
You are right about these three brightest future sources for all of us from where we can make huge money and maximum profit. Silver and gold are a rare element that is why investment is these two elements is a wise decision besides which the cryptocurrency means modernism of currency is the biggest and rated investment demand of people in the present global markets.In my own opinion, gold and silver is not safer than banks because if you are holding this assets your life is in danger since someone can steal it from you by force.
Note: See on the right side of each post (top right corner) there is "+Merits"
I think now fixed deposit interest rates are less than 5% p.a in USA and Europe. In India fixed deposit rates are 6.5%.
Gold and Silver gives average profit of 8% to 12% per year. Silver will most likely give 20% to 30% profit each year from here on to reach $60/ounce.
Example:
Profit for gold and silver for year 2016 is 12%.
Profit for gold and silver for year 2017 is 0%
Profit for gold and silver for year 2018 is 8%
Profit for gold and silver for year 2019 is 16%
So average profit for 4 years is +9%
How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??
What you’re talking about here is profit and there is a big difference between being safe and being a thing of profit. If you’re saving your money in banks, you won’t b making any profit, that’s unlike when you’re saving with gold and silver. Gold and silver are investments so there will be profits coming from it daily or monthly, weekly anyhow. Gold and silver is not for savings and they are not much safe than banks. When it’s for savings, I’m choosing banks and not gold and silver.I think now fixed deposit interest rates are less than 5% p.a in USA and Europe. In India fixed deposit rates are 6.5%.
Gold and Silver gives average profit of 8% to 12% per year. Silver will most likely give 20% to 30% profit each year from here on to reach $60/ounce.
Example:
Profit for gold and silver for year 2016 is 12%.
Profit for gold and silver for year 2017 is 0%
Profit for gold and silver for year 2018 is 8%
Profit for gold and silver for year 2019 is 16%
So average profit for 4 years is +9%
How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??
I am not thinking that way because gold and silver can lose their value as well as cryptocurrency can, but when you are investing in banks they are giving you the guarantee of returning your investment capital so it might be now it is more secure.
Note: See on the right side of each post (top right corner) there is "+Merits"
I think now fixed deposit interest rates are less than 5% p.a in USA and Europe. In India fixed deposit rates are 6.5%.
Gold and Silver gives average profit of 8% to 12% per year. Silver will most likely give 20% to 30% profit each year from here on to reach $60/ounce.
Example:
Profit for gold and silver for year 2016 is 12%.
Profit for gold and silver for year 2017 is 0%
Profit for gold and silver for year 2018 is 8%
Profit for gold and silver for year 2019 is 16%
So average profit for 4 years is +9%
How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??
What you’re talking about here is profit and there is a big difference between being safe and being a thing of profit. If you’re saving your money in banks, you won’t b making any profit, that’s unlike when you’re saving with gold and silver. Gold and silver are investments so there will be profits coming from it daily or monthly, weekly anyhow. Gold and silver is not for savings and they are not much safe than banks. When it’s for savings, I’m choosing banks and not gold and silver. I think now fixed deposit interest rates are less than 5% p.a in USA and Europe. In India fixed deposit rates are 6.5%.
Gold and Silver gives average profit of 8% to 12% per year. Silver will most likely give 20% to 30% profit each year from here on to reach $60/ounce.
Example:
Profit for gold and silver for year 2016 is 12%.
Profit for gold and silver for year 2017 is 0%
Profit for gold and silver for year 2018 is 8%
Profit for gold and silver for year 2019 is 16%
So average profit for 4 years is +9%
How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??
Yeah gold and silver are more promising than deposit, I only talk the lack of deposit, when you start a deposit then you will discuss the time period where if you draw it at the beginning of time then you will get penalty. Then if the time will run out you will continue to call and offered a variety of seduction to be able to draw before the time. This is very boring
Gold and silver ,and bank deposits , bitcoin investment , they have their own dimentions as investments and the same time assets, it has advantage and disadvantage, but for me anything will do depends upon your likes, because each of us has different goals in life especially investments.So continue what you prefer and be profitable in life.
Gold and Silver are the safest bets if you just want something you can pass on with great value.
gold and silver are safe than bank deposits because the value of gold and silver keep increasing at a faster rate as compared to that of bank deposits.and also bank deposit can easily collaspe since the monies deposited are used for other transactions
I agree that gold and silver is more safe in the future than depoaiting in a bank. Because bank can be bankrup but silver and gold never. Infact every year silver is growing price. But saving silver and gold is not safe to store in your house. Especially on those house that didnt have enough securittly in there house. But if you hold it in crypto there will be no more worries. Because as long you have the password and pk your saving will be safe
Yes, while many people assume their assets are protected, there have been historical instances where governments have seized citizen property stored in banks.
exactly, everything that is of value to you is only 100% safe with you. government seizes, heft, etc. alot can happen
Everything could happen, therefore, the smartest way to invest in digital assets is to build a well-diversified portfolio based on your risk preference and investment goals. Such a portfolio would likely include a substantial holding in bitcoin and small exposure to promising ICO tokens. I have found a trustworthy ICO project. It is called Socratus. It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. Their main aim is to create a win-win insurance whereby you get instant claim payment, fair and transparent dealing and friendly prices. They are also helping insurance companies to reduce costs (it can be reduced from 15 to 25 %) and get their business on a new level. Also, they are powered by Smart-contracts & Socratus Oracles. It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures.
Yes, while many people assume their assets are protected, there have been historical instances where governments have seized citizen property stored in banks.
gold is also having an agreed value because tomorrow we will discover some of the money values in the Earth and then we will agree that gold is useless what are we going to do than?
I think in peace time, gold and silver don't have much value. You can even understand them as a metal, and it's too heavy to be able to invest a lot of money in gold and silver.
Could thieves steal your money from the banks? No!
But can they steal your gold & silver in your house? Yes!
Can gold & silver take care the inflate? No! The bank interest rate can do that.
But can they steal your gold & silver in your house? Yes!
Can gold & silver take care the inflate? No! The bank interest rate can do that.
I would say gold and silver are safer now as the next economic crisis can burst out at any moment and precious metals along with cryptocurrencies will be in high demand as people will urgently search for some store of value in order to protect their funds.
You are right about these three brightest future sources for all of us from where we can make huge money and maximum profit. Silver and gold are a rare element that is why investment is these two elements is a wise decision besides which the cryptocurrency means modernism of currency is the biggest and rated investment demand of people in the present global markets. Exactly, bank deposits may be lost if the bank collapses. But for gold and silver, holding them is the safest and most stable compared to other types of assets.
If we see this world with such one point then yes there is nothing better than gold and silver. They are running as assets since long time and for now, they become more than diamond. People are investing in them and some are holding so that better time can be fruitful for them when they start selling them. But bitcoin is of same importance right now. Do try them.
Exactly, bank deposits may be lost if the bank collapses. But for gold and silver, holding them is the safest and most stable compared to other types of assets.
If we see this world with such one point then yes there is nothing better than gold and silver. They are running as assets since long time and for now, they become more than diamond. People are investing in them and some are holding so that better time can be fruitful for them when they start selling them. But bitcoin is of same importance right now. Do try them. Jump to: